Guriev, Sergei; Zhuravskaya, Ekaterina - C.E.P.R. Discussion Papers - 2009
abnormally low levels of life satisfaction. Using data from the World Values Survey and other sources, we study various … explanations of this phenomenon. First, we document that the disparity in life satisfaction between residents of transition and non …-transition countries is much larger among the elderly. Second, we find that deterioration in public goods provision, an increase in …